Banks In Omu-Aran To Re-open soon - CBN

Date: 2014-04-12

The Central Bank of Nigeria (CBN) on Friday said commercial banks in Omu-Aran, headquarters of Irepodun Local Government Area, Kwara, closed to customers in May 2013, might be re-opened soon.

The state's Branch Controller of the Apex bank, Mr Monday Olotewo, told the News Agency of Nigeria (NAN) in Ilorin that the latest commitment by the Omu-Aran community was laudable.

NAN recalls that series of robbery attacks between January and May 2013, led to the indefinite closure of more than three commercial banks in the ancient town.

The closure had created hardship and forced residents to travel more than 60 kilometres for their banking transactions in adjoining communities.

Olotewo told NAN that Kwara Bankers Committee was in Omu-Aran recently, where the community donated two Hilux vehicles to security operatives to assist in proper policing of the town.

"The committee believes that the donation will go a long way to help the police to patrol the town effectively.

"It also means that the community is concerned about the security of the town.

"It is a precarious situation for us in the banking sector, particularly the CBN, to continue to witness indefinite closure of bank branches as a result of incessant armed robbery attacks.

"The closure has seriously affected the economic fortune of the town, the banks are wary of re-opening because they feel enough security had not been provided," Olotewo said.

The CBN branch controller commended the efforts and concern of the Omu-Aran Development Association (ODA) and the traditional ruler of the town, the Olomu of Omu Aran, Oba Charles Ibitoye. (NAN)

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Babatunde Ajeigbe     Adama Isa     Towoju     Oyedun Juliana Funke     Al-Hikmah Radio     KWATMA     Radio SBS     Ibrahim Abiodun     Aremu Bose Deborah     Moro     Ilorin Emirate Stakeholders Forum     Kwara 2023     Yoonus Lawal     Bola Olukoju     Isiaka Oniwa     Olushola Saraki     Alfa Belgore     Kwara State Infrastructure Development Fund     John Olobayo     Ganmo Electricity Sub-Station     Idris Garuba     Iyabo Dupe Adekeye     Harmony Holdings     Patigi Regatta     Ella Supreme Tissue Paper     Paul Odama     New Nigeria People’s Party     International Public Sector Accounting Standards     BECE     National Party Of Nigeria     Ayobami Seriki     Adeola Abraham     Yakubu Dogara     Olateju Lukman     Abdulmumini AbdulRazaq     Bayer Nigeria Limited     Ilorin Like-Minds     Tunde Akanbi     Niyi Ogundiran     Oye Tinuoye     Abubakar B.M     Ahmed Dankaya     Odolaye Aremu     Yahaya Oloriegbe     Earlyon Technologies     Iyaloja-General     AGILE Programme     Gbenga Adebayo     Abdulrazaq Akorede     Iyabo Adewuyi     Oni Adebayo     M.Y. Abdulrahaman     3MTT     Suleiman Yahya Alapansapa     Sanusi Abubakar     Halimat Yusuf     Rashidi Yekini     Rice Farmers Association Of Nigeria     Bilikisu Gambari     Garba Idris Ajia     Muhammad Akande Olarewaju Odunade     Olaiya Victor Mobolaji     IYA ALFA NLA     Offa Descendants Union     Barakat Community Secondary School     Saka Adeyemo     Lukman Adeloyin     Logun     Oba Of Jebba     General Hospital, Offa     Ilorin Durbar     Curfew     Towobola Abdulrahman Toyin     NTA Ilorin     Halidu Danbaba     Crystal Corner Shops     Umar Saro    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

NFAI     Kwara Coalition Of Business And Professional Associations     Hamid Bobboyi     Gbugbu     Sidikat Uthman Ajibola     Afonja Descendants Union     Ella Supreme Tissue Paper     Just Law Forum     Gbenga Awoyale     Women For Change And Development Initiative     Alimi     Olam Food Ingredients     Owo Arugbo     3MTT     Bolakale Kawu     Assayomo     TVC Female National Debate     Saad Belgore     Lateef Fagbemi     Ojuekun Sarumi     AbdulRauf Keji     Bayer Nigeria Limited     Tunji Moronfoye     Idris Amosa Oladipo Saidu     Omar Gambari     Razak Atunwa     Prince Sunday Fagbemi     Oluwole Dupe     Dagbalodo     Hijab     Aisha Gobir     Alabi Lawal     Ahmed Mohammed Rifun     Afolabi-Oshatimehin     Kwabes     Okanlawon Taiwo     Durbar Festival     Mansur Alfanla     Wahab Egbewole     Oba Abdulrahim     Elese Of Igbaja     Simeon Ajibola     Muhammad Sirajo Aliyu     Mohammed Katsina Ahmed     Hauwa Nuru     Abdulazeez Arowona     AbdulHamid Adi     ASKOMP     Muhammed Aliyu     Oju Ekun Sarumi     Kwara State Television     CCEPE     Mohammed Danjuma     IF-K     Undergraduate Bursary     Bayo Mohammed Onimode     Taofeek Sanusi     Bola Iyabo Ibiyeye Adisa     Abubakar Ndakene     Nigeria Association Of Women Journalists     John Obuh     Sobi     Abdullahi Saadudeen Alikinla     Standard Organization Of Nigeria     Wole Oke     Marufat Oladosu     Kale Ayo     Mashood Dauda     National Broadcasting Commission     Osuwa     Yomi Ogunsola     Kwara State Sports Commission     Azeez Salawu     Khadijat Ayoola Yusuf     Kwara State Geographic Information Service     Chartered Institute Of Personnel Management Of Nigeria     AbdulGaniyu Kareem